About Casey Harper
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Entries by Casey Harper
Consumer prices remained high in July but showed only a slight increase from June, a pause from months of surging prices. The Bureau of Economic Analysis Friday released the Personal Consumption Expenditure Index data, a key marker of inflation closely watched by the U.S. Federal Reserve when it makes its interest rate decisions.
Oversight Republicans have launched an investigation into how the U.S. Department of Education has handled billions of COVID-19 relief dollars, raising the alarm about the major learning loss experienced by students. Republicans on the House Oversight Committee sent a letter to Department of Education Secretary Miguel Cardona demanding documents and answers as to why most of the money has reportedly remained unspent.
The oldest Jewish university in the U.S. has now appealed to the Supreme Court as the next step in a lengthy battle over whether the religious school has to recognize an LGBT club. The legal battle began last year when a group of students and alumni of Yeshiva University took their university to court, demanding the school endorse an LGBTQ Pride Alliance club on campus.
A majority of Democrats do not want President Joe Biden to run for reelection in 2024, according to a new poll. The New York Times/Siena College numbers released Monday show that only 26% of Democratic voters surveyed want Biden to receive the party’s nomination in the next presidential election in 2024. The poll found 64% of Democratic voters want a different candidate to lead their ticket.
U.S. Treasury Secretary Janet Yellen testified before the Senate Finance Committee Tuesday where lawmakers grilled her on the rising federal debt, energy costs and soaring inflation. Gas prices have hit record highs almost daily over the past month, with the national gas price average for regular unleaded gas nearing $5 per gallon. Federal data shows that in the last 12 months, food prices have risen about 10%, energy prices have risen more than 30%, and prices overall have risen at the fastest rate in decades.
As the nation awaits a landmark abortion ruling from the U.S. Supreme Court, newly released polling data show that the majority of Americans support limits on abortion. Convention of States Action, along with the Trafalgar group, released a new poll showing that 57.6% of Americans say “abortion should only be legal in specific circumstances.” Those limits vary based on the voters’ preferences but include limiting which trimester abortions can be performed in or allowing abortions only in cases of rape or incest.
The small business network Alignable released its small business inflation poll Monday, which found small businesses are very worried about rising inflation and its effect on the economy. According to the survey, 51% of small businesses fear that inflation could “force them to close their businesses within the next six months.” Restaurant owners in particular are concerned with 72% saying they are worried.